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Numerai's Distributed AI Model Achieves 5-Fold Valuation as CEO Sets Sights on Becoming the 'Final Hedge Fund'

Numerai's Distributed AI Model Achieves 5-Fold Valuation as CEO Sets Sights on Becoming the 'Final Hedge Fund'

Bitget-RWA2025/11/20 21:48
By:Bitget-RWA

- Numerai, an AI-driven hedge fund, raised $30M in Series C led by university endowments, valuing it at $500M. - The funding supports expansion, following a $500M capacity commitment from JPMorgan , with AUM surging to $550M. - Its NMR token rose 40% post-announcement, aligning incentives via a decentralized model for global data scientists. - CEO aims to be "last hedge fund" using open AI, amid crypto's shift toward AI agents for autonomous trading. - Valuation discrepancies noted, but highlights Numerai'

San Francisco-based hedge fund Numerai, which utilizes artificial intelligence,

in a round led by leading university endowments, pushing its valuation to $500 million—five times higher than in 2023. This latest round, which saw continued support from investors such as Union Square Ventures, Shine Capital, and macro investor Paul Tudor Jones, that leverages crowdsourced machine-learning models from data scientists worldwide.

This investment comes after

in August 2025, which Numerai plans to allocate over the coming year. The in its AI engineering division, recruitment, and the expansion of its institutional hedge fund offerings. Over the last three years, Numerai’s assets under management (AUM) , with $100 million added just in the past month. In 2024, its main global equity hedge fund , marking its most successful year so far.

Numerai's Distributed AI Model Achieves 5-Fold Valuation as CEO Sets Sights on Becoming the 'Final Hedge Fund' image 0

Numerai’s own token,

(NMR), , signaling strong investor faith in its decentralized approach. NMR is integral to Numerai’s platform, allowing users to stake tokens on their model predictions, with rewards or penalties based on real-world market outcomes and its worldwide network of data scientists, who contribute signals that are combined into a unified “Meta Model” for trading.

Numerai’s recent progress aligns with

toward AI-powered agents that automate market analysis, data handling, and blockchain operations. Firms such as Cloudflare and Coinbase are and systems to enable self-directed trading. Richard Craib, Numerai’s CEO, to become “the world’s last hedge fund,” harnessing open, competitive machine intelligence rather than traditional multi-manager strategies.

Although most outlets report

, Lookonchain has cited , pointing to possible inconsistencies in the figures. Nonetheless, the recent funding highlights Numerai’s influence in transforming asset management through decentralized AI collaboration.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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